QuantumScape Corp’s recently made public that its Former Director Jagdeep Singh acquired Company’s shares for reported $30.96 million on Mar 04 ’25. In the deal valued at $4.26 per share,7,267,833 shares were bought.
Then, MCCARTHY MICHAEL O III sold 76,315 shares, generating $399,219 in total proceeds. Upon selling the shares at $5.23, the CHIEF LEGAL OFFICER now owns 1,010,523 shares.
Before that, Prinz Fritz sold 12,908 shares. QuantumScape Corp shares valued at $67,437 were divested by the Director at a price of $5.22 per share. As a result of the transaction, Prinz Fritz now holds 228,287 shares, worth roughly $1.02 million.
HSBC Securities upgraded its QuantumScape Corp [QS] rating to a Hold from a a Reduce in a research note published recently. William Blair started covering the stock on December 18, 2023. It rated QS as “a Mkt perform”.
Price Performance Review of QS
On Monday, QuantumScape Corp [NYSE:QS] saw its stock jump 2.29% to $4.46. Over the last five days, the stock has gained 3.48%. QuantumScape Corp shares have fallen nearly -14.07% since the year began. Nevertheless, the stocks have fallen -24.15% over the past one year. While a 52-week high of $9.52 was reached on 01/07/25, a 52-week low of $4.05 was recorded on 03/04/25. SMA at 50 days reached $5.04, while 200 days put it at $5.50.
Levels Of Support And Resistance For QS Stock
The 24-hour chart illustrates a support level at 4.39, which if violated will result in even more drops to 4.31. On the upside, there is a resistance level at 4.53. A further resistance level may holdings at 4.59. The Relative Strength Index (RSI) on the 14-day chart is 44.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.39%. Stochastics %K at 25.05% indicates the stock is a holding.
How much short interest is there in QuantumScape Corp?
A steep rise in short interest was recorded in QuantumScape Corp stocks on 2025-02-28, dropping by -2.3 million shares to a total of 63.38 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 65.68 million shares. There was a decline of -3.63%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 04, 2023 when HSBC Securities began covering the stock and recommended ‘”a Reduce”‘ rating along with a $4.70 price target.
